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(LOYALTEX) Loyal Textile complete technical analysis [charts+indicators] | Buy/Sell Loyal Textile | (LOYALTEX) share price targets

Complete technical analysis of Loyal Textile (LOYALTEX) by charts plus indicators, forecast predictions and share price targets for Loyal Textile (LOYALTEX)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Loyal Textile is 32299

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.95	535.45	589.55	532.55	0.184 times
01 Mon Apr 2024	531.35	525.00	580.00	501.10	0.182 times
28 Thu Mar 2024	514.60	535.00	540.10	511.00	0.154 times
27 Wed Mar 2024	532.35	548.10	550.05	526.00	0.071 times
26 Tue Mar 2024	548.15	565.00	581.00	545.00	0.136 times
22 Fri Mar 2024	575.60	609.00	614.95	572.00	0.212 times
21 Thu Mar 2024	606.30	641.00	651.60	602.20	0.783 times
20 Wed Mar 2024	664.25	625.20	679.00	625.20	6.729 times
19 Tue Mar 2024	591.65	495.50	591.65	495.50	1.608 times
18 Mon Mar 2024	493.05	513.65	515.90	492.50	0.103 times

My analysis of stock is bullish for shortterm, and stock might move up till 605.1 or till 659.7. Use a stoploss of 559.59 and if this stock hits its stoploss, then it can fall down till 514.08

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Upside Target	571.05
Upside Target	600.00
Upside Target	612.00
Upside Target	613.55
Upside Target	618.10
Upside Target	679.00
Upside Target	701.10
Upside Target	729.00
Upside Target	774.90

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	511.52
Downside Intraday Target	462.08
Upside Intraday Target	599.97
Upside Intraday Target	638.98
Downside Intraday Target	550.53

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.95	525.00	589.55	501.10	1.017 times
28 Thu Mar 2024	514.60	565.00	581.00	511.00	0.038 times
22 Fri Mar 2024	575.60	513.65	679.00	492.50	57.362 times
15 Fri Mar 2024	512.10	596.30	596.60	484.20	1.652 times
07 Thu Mar 2024	595.90	618.10	618.10	571.05	1.066 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	560.95	525.00	589.55	501.10	0.036 times
28 Thu Mar 2024	514.60	617.40	679.00	484.20	14.949 times
29 Thu Feb 2024	618.90	648.95	729.00	600.00	1.288 times
31 Wed Jan 2024	655.50	679.85	701.10	612.00	0.391 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Loyal Textile (LOYALTEX)

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Loyal Textile stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Loyal Textile in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Loyal Textile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Loyal Textile in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Loyal Textile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 635.73 and Loyal Textile (LOYALTEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Loyal Textile (LOYALTEX) stock. Volume based technical analysis of Loyal Textile (LOYALTEX) stock is negative.

Loyal Textile Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.